Fully Leased
For Sale
$349,900
916-918 Sun Meadow St, College Station, TX 77845
Two-bedroom duplex with updated finishes, a fenced backyard, and convenient access to schools, healthcare, dining, and shopping.
Property Size1,984 SF
Price / SF$176.36
Days on Market64
Property Features for 916-918 Sun Meadow St
General Information
Standard status
Active
Size
1,984 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Year Built
2001
Listing Agency:
Longitude Real Estate
Listed By:
Gordon Pate · License #0321188
(979) 255-1227
Source:
Doorstephomegroup
Added: Aug 13
Changed: Oct 2
Last Checked: Sep 29 at 1:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Longitude Real Estate
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Investment Insights
Based on property information with market context.
Built in 2001, this duplex contains 1,984 square feet and is fully leased. The property is identified as a two-bedroom duplex and includes open-concept kitchen and living areas with cathedral ceilings. Granite countertops extend through the kitchen and bathroom, while tile flooring serves the living area and wet spaces. Each unit includes a refrigerator, washer/dryer connections, and a fenced backyard. A newer roof adds to the recent property improvements.
Located at 916-918 Sun Meadow St in College Station, the property is a short drive from schools, hospitals, restaurants, and shopping. Its residential income configuration and existing lease status provide a clearly defined operating profile for multifamily ownership.
Located at 916-918 Sun Meadow St in College Station, the property is a short drive from schools, hospitals, restaurants, and shopping. Its residential income configuration and existing lease status provide a clearly defined operating profile for multifamily ownership.
Key Highlights
- Fully leased duplex at 916‑918 Sun Meadow St
- 1,984‑square‑foot property built in 2001
- Two‑bedroom duplex with open‑concept kitchen and living areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,329
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,580
$426.6K
Cap Rate 7%
$304,700
$304.7K
Cap Rate 9%
$236,989
$237.0K
Market Conditions
NOI Build-Up for 1,984 SF
Gross rent
$32.1K $16.20/SF
− Vacancy
−$1.7K −$0.84/SF
EGI
$30.5K $15.36/SF
− OpEx
−$9.1K −$4.61/SF
NOI
$21.3K $10.75/SF
Area
College Station, TX
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,580
Cap Rate 7%
$304,700
Cap Rate 9%
$236,989
Alternative Uses
Best Use
Multifamily LT 5
$304.7K
$266.6K – $355.5K
NOI $21,329 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$271.9K
$237.9K – $317.2K
NOI $19,033 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$488.5K
$427.5K – $570.0K
NOI $34,198 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
Explore this area
Business Placement
Demographics for 77845, TX
70,108
Population
31,464
Households
2.2
Avg Household Size
30
Median Age
61%
College-Educated
96%
High-School Grad
142.5 sq mi
ZIP Area
492
Density / Sq Mi
$90,434
Median Household Income
$46,532
Median Earnings
$1,384
Median Rent
$349,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom duplex with updated finishes, a fenced backyard, and convenient access to schools, healthcare, dining, and shopping.
Where is this duplex located?
The property is located at 916-918 Sun Meadow St College Station, TX.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Fully leased duplex at 916‑918 Sun Meadow St; 1,984‑square‑foot property built in 2001; Two‑bedroom duplex with open‑concept kitchen and living areas
